Cover up record in FTX

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How to cover up record in FTX

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itamp;#39;s really really damning so let me show you guys and connect all the dots remember thereamp;#39;s been a lot of rumors who caused Luna to go under an SPF was rumored to be the guy now we have someone thatamp;#39;s coming out that claims the SPF did it I gotta give credit to Mario not all he tweeted this and this is a retweet now what was the original tweet the original tweet was this he quoted Wendy Wang from hoiby not only the co-founder but Chief marketing officer basically said SPF new and was responsible about Luna CZ new and he took down Thrills capital profiting from both then he moves user funds from FTX to Alameda then sees the approach SPF and then it was Nord and then sees he tweeted as a last resort this is why CZ decided to take down Sam bakeman free yeah he did it on purpose to actually save the industry because all the bad stuff that has happened this year all pointing to SBF this is wild

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How much of FTX money is recovered?

The exact value customers will be repaid depends on the type of claim they filed. While some could recover as much as 142% of what they held, the vast majority are likely to receive 118%. The specific pay day is estimated to be months away.

How much was stolen from FTX?

Bankman-Fried was found to have stolen at least $8 billion from FTX customers. He was also ordered to pay $11 billion today.

How many victims did FTX have?

The announcement was a landmark in the attempt to track down the $8 billion in customer assets that disappeared when FTX imploded virtually overnight, setting off a crisis in the crypto industry. FTX Customers Poised to Recover All Funds Lost in Collapse nytimes.com ftx-bankruptcy-recovery nytimes.com ftx-bankruptcy-recovery

How much money has been recovered from FTX?

The government relied heavily on the testimony of three former members of Bankman-Frieds inner circle, his top executives including his former girlfriend, Caroline Ellison, to explain how Bankman-Fried used Alameda Research to siphon billions of dollars from customer accounts at FTX. FTX founder Sam-Bankman-Fried convicted of defrauding - PBS pbs.org newshour economy ftx-found pbs.org newshour economy ftx-found

How much money was wiped out with FTX?

NEW YORK, March 28 (Reuters) - Sam Bankman-Fried was sentenced to 25 years in prison by a judge on Thursday for stealing $8 billion from customers of the now-bankrupt FTX cryptocurrency exchange he founded, the last step in the former billionaire wunderkinds dramatic downfall. Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud reuters.com technology sam-bankman-fr reuters.com technology sam-bankman-fr

How much was the FTX collapse?

FTX, once among the largest cryptocurrency exchanges in the world, said this week that nearly all of its customers will receive the money back that they are owed, two years after its monumental collapse. FTX said in a court filing late Tuesday that it owes about $11.2 billion to its creditors.

How much does FTX owe people?

FTX was a leading cryptocurrency exchange that went bankrupt in November 2022 amid allegations that its owners had embezzled and misused customer funds. Sam Bankman-Fried, the CEO of the exchange, was sentenced to 25 years in prison and ordered to repay $11 billion. The Collapse of FTX: What Went Wrong With the Crypto Exchange? investopedia.com what-went-wrong-with-f investopedia.com what-went-wrong-with-f

How much did FTX wipe out?

On 11 November, FTX, FTX US, Alameda Research, and more than 100 affiliates filed for bankruptcy in Delaware. Anonymous sources cited by the New York Times said that the exchange owes as much as $8 billion.

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